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<h1>Platform-based subscription requirement: SM REIT units must be accepted via stock exchange platform with funds blocked.</h1> Subscriptions for SM REIT units must be accepted by the investment manager via the designated stock exchange platform with application monies blocked through the Application Supported by Blocked Amount mechanism; the investment manager must publish the platform web-link on the SM REIT website and the regulation prescribes a minimum subscription amount of ten lakhs rupees or as specified by the Board.